28th May 2021
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A syndicate of significant Welsh investment angels has completed a £950,000 investment in Swansea-based Marine Power Systems. Led by lead investor Andrew Diplock, the syndicate of 15 investors has invested £700,000 along with £250,000 match funding from the Development Bank of Wales’ Wales Angel Co-investment Fund. A further £750,000 from private investors has brought the total of the latest equity fundraise to £1.7 million.
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